[ANN][ICO] SOMA - The Social Marketplace

[levyashin]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

It's the benefit of having one community manager. This was the most controversial topic for now. Thanks for clearing it.

That's great that unsold tokens will be burnt.

[magisterr]

Great news about unsold tokens. This will give more value for tokens 

[lvsca]

Great news about unsold tokens. This will give more value for tokens 

what you mean? are they will burn token?
and, what can make token more valuable?

[martinholly167]

Great news about unsold tokens. This will give more value for tokens  

what you mean? are they will burn token?
and, what can make token more valuable?

Unsold token will be burned, it will lower the supply, so the price should increase

[SUPERSAIAN]

How much did they raise in ICO?
I guess bounties haven't paid yet.

[fajarkus12]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

It's the benefit of having one community manager. This was the most controversial topic for now. Thanks for clearing it.

That's great that unsold tokens will be burnt.

With this clarity can make investors will not hesitate to buy this token, because by burning unsold token this token will valuable for investment. So soma project has possibility collected more fund and this ico can reached hard cap.

[martinholly167]

How much did they raise in ICO?
I guess bounties haven't paid yet.

The ICO isnt finished yet

[cantdecide]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

It's the benefit of having one community manager. This was the most controversial topic for now. Thanks for clearing it.

That's great that unsold tokens will be burnt.

With this clarity can make investors will not hesitate to buy this token, because by burning unsold token this token will valuable for investment. So soma project has possibility collected more fund and this ico can reached hard cap.

If they reach hard cap, there will be no unsold tokens which could be burned lol so that is not a logic situation you are talking about. More exactly for investors it is better that they don't reach hard cap, because then tokens get burned and the token value will be much higher, if there is the demand for it.

[SEELE^^01]

I see that SOMA's official partner Utrust is doing very well on their token sale. I want to suggest to SOMA to highlight this partnership, because Utrust has a good marketing campaign and as a partner, SOMA can also profit from this.

as you can see, the lack of marketing is not doing well for soma in comparison to utrusts marketing behaviour >< utrust meet the softcap within a day, even on hard times and soma is still crawling along the way ><"

[helloal]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

It's the benefit of having one community manager. This was the most controversial topic for now. Thanks for clearing it.

That's great that unsold tokens will be burnt.

With this clarity can make investors will not hesitate to buy this token, because by burning unsold token this token will valuable for investment. So soma project has possibility collected more fund and this ico can reached hard cap.

I'm not sure that it would make that much difference to whether investors invest in it because the percentage will probably be low. But it is a decent step for those who would have been investing in Soma anyway.

[the_donald]

I see that SOMA's official partner Utrust is doing very well on their token sale. I want to suggest to SOMA to highlight this partnership, because Utrust has a good marketing campaign and as a partner, SOMA can also profit from this.

as you can see, the lack of marketing is not doing well for soma in comparison to utrusts marketing behaviour >< utrust meet the softcap within a day, even on hard times and soma is still crawling along the way ><"

in a sea of ICO, marketing makes all the difference. you can't just launch without a proper promotional plan

[fajarkus12]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

It's the benefit of having one community manager. This was the most controversial topic for now. Thanks for clearing it.

That's great that unsold tokens will be burnt.

With this clarity can make investors will not hesitate to buy this token, because by burning unsold token this token will valuable for investment. So soma project has possibility collected more fund and this ico can reached hard cap.

If they reach hard cap, there will be no unsold tokens which could be burned lol so that is not a logic situation you are talking about. More exactly for investors it is better that they don't reach hard cap, because then tokens get burned and the token value will be much higher, if there is the demand for it.

You're right, but it's ok as long as can reach hard cap it mean a lot of people still have big interest to buy this token. Maybe buying interest still continue although this coin on the exchange

[Sozialtourist]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

What is meant exactly with "When the liquidity is reached, the liquidity reserve will be burnt"?

Does it mean, when a specific amount is collected during the ICO, the liquidity reserve will be burned, too? Could you tell us, what the threshold is so that this reserve will be burnt?

[Piggy]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

thank you FIEX, it was a wise choice for SOMA to decide to pick a community manager and listen to the concern people had in this thread. 10/10

[haxllega]

When I heard that now soma has a community manager I thought he will answers lots of things instantly. But he only announced he is the community manager and nothing more. I hope he starts answering questions as soon as possible.

Maybe he's reading the thread from the beginning 

Otherwise they are a bit late with hiring a community manager. Does anybody know what his exact responsibilities are? Besides the obvious ones that come to mind...

Or maybe he is waiting answers from the team so he can anwer to us? Communication seems to be the issue in somewhere on the organisation chain anyway.

I just read back 2-3 pages and some questions have already been answered by the new community manager. Yes, maybe he's now waiting for further answers from SOMA team and surely will share them here soon.

It's great that they hired a community manager to take care of investors and to answer all questions. I think this will build up trust for this project.

[Yasemin]

I see that SOMA's official partner Utrust is doing very well on their token sale. I want to suggest to SOMA to highlight this partnership, because Utrust has a good marketing campaign and as a partner, SOMA can also profit from this.

as you can see, the lack of marketing is not doing well for soma in comparison to utrusts marketing behaviour >< utrust meet the softcap within a day, even on hard times and soma is still crawling along the way ><"

in a sea of ICO, marketing makes all the difference. you can't just launch without a proper promotional plan

Yes you can see the ICO's with a good marketing plan, are selling more tokens. Especially if you want to become a social marketplace, you have to reach a lot of people

[Rigorous]

Has anyone checked out the patent process for Soma's Interactive Item Card feature?



You can find the whole document on their documents page. https://soma.co/documents/

[Mystic90]

Fiex congrats on your position as community manager. We hope to have some quick and efficient communication with you regarding Soma

[Matilda]

I see that SOMA's official partner Utrust is doing very well on their token sale. I want to suggest to SOMA to highlight this partnership, because Utrust has a good marketing campaign and as a partner, SOMA can also profit from this.

UTRUST already collect 19% of harcap ,i have joined UTRUST and SOMA ,hope this two project will successfull together

[Trrrt]

Yes the patent process is really interesting, it’s seems to be users friendly and its the most important things for that kind of project, soma platform will have a lot of users with a nice design and a simple utilisation.